If it fails, then you both owe the debt of that project and any associated fees.

If a customer doesn't respect the fact that you are entitled to a fair profit for work completed, they'll just badger you and nickel and dime you on every project going forward.  

I have met plenty of people who will fund me and people that will buy my projects.  

The IRA can purchase materials and labor separately.What you would want to be careful of, however, is that you personally do not become a delivery boy for the project.  

To fast forward, essentially the husband had work across many different states/projects and their circumstances changed causing them to move back to their hometown within 3.5 months of starting their 1 year lease.The signed lease was very tight (no PM, just realtor, great neighborhood/friends and us) and covered us for many situations but I do want to get some clarification or advice on best course of action for the following:(please note this info is just from my googling/common sense and again I have no claims to be right in any situation here)1.

I am currently managing projects for a boutique GC in Seattle, with a focus on high end residential remodels and new construction as well as commercial projects.

You want to take on a project that will be easy to sell and move quickly.

Deanna, We are kinda big compared to most mom and pop investors, there are 4 owners in Colorado (Steve G, Steve W, Manny, and Me) and then we have a Partner/Project Manager in each of our markets.

Over time, with decent records, you will be able to develop your own conversion percentage and really be able to project, if I look at 100 houses and make (super low) offers on 75 of them, I can expect to actually negotiate and buy 2 houses.

Aloha - I'm considering a few projects in Maui and would appreciate the recommendations of any general contractors who can fit the ROI-based business model of investors (i.e. not going for magazine covers).